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Biomaterials China News 1206 - Annual Subscription Published on June 2012

Report Summary When it enters May 2012, global economic environment becomes more complex. Some European countries will face the general election. Greek debt crisis is escalating; whether it can continue to stay in the Eurozone depends on the election on June 17, 2012. According to the estimation from National City Bank of New York, the possibility for Greece to leave the Eurozone is as high as 75%. If it really comes true, larger-scale debt crisis may initiate in many European countries, such as Italy and Spain. For bio-material, the Eurozone is the main consumer market, and most bio-material products made in China are exported to Eurozone. So we should pay more attention to the Greek debt crisis. While in China, HSBC issued that China's manufacture industry PMI in May 2012 is 48.7, the seventh successive month's PMI below 50. It shows three problems for Chinese macro-economy'weak demands, the falling back of commoditiy prices and the decreased driving forces for the economy. However, it can promote the Chinese government to publish more economy stimulus policies. China's bio-material industry can grasp this opportunity to improve itself and develop domestic market. Besides, corn and wheat, the main raw materials of bio-materials, still keep relatively high prices at the moment. CCM International will continuously follow relevant event's latest development. Barriers lie on the road of bio-degradable plastics' development. PLA recycle starts to sprout in China thanks to the rapid expansion in global PLA industry. Numerous bio-material enterprises enter agriculture film market. PBS is expected to have a promising future in China thanks to its superior characteristics, though it's a relatively new product among the biodegradable plastic in the global market. Shenghong Group is strengthening its leading position in PTT industry. Three new-constructed castor oil parks of Tianxing Group went well. Bangfeng Plastic tries to achieve mass production of carbon dioxide biological plastic with capacity of 30,000t/a. DICP and Laihe Rockley agreed to construct an ethylene glycol pilot test production line of with the capacity of 100t/a and start industrialization research as soon as possible. Central Financial Subsidy Program of Improved Caoutchouc Seedlings in Hainan promotes the development of Hainan private caoutchouc planting. China's PLA export volume and import volume reached 63 tonnes and 610 tonnes respectively in April 2012. China's import volume of fresh cassava and dry cassava reached 7,575 tonnes and 753,657 tonnes respectively in April 2012. China's castor oil and its derivatives' import volume and export volume reached 22,225 tonnes and 18.9 tonnes respectively in April

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Table of Content Barriers to lie on road of bio-degradable plastics Numerous bio-material enterprises enter agriculture film market Development of PLA recycle in China PBS may enjoy bright future in China Shenghong Group strengthening its leading position in PTT industry Three new-constructed castor oil parks of Tianxing Group went well Bangfeng Plastic tries to achieve mass production of carbon dioxide biological plastic Laihe Rockley to launch ethylene glycol pilot test made from cellulose Subsidy program of improved caoutchouc seedlings promoting Hainan private caoutchouc planting Trade analysis of PLA in China Trade analysis of cassava in China Trade analysis of castor oil and its fractions in China Kingfa tries to double its sales within four years Domestic first low-temperature special water soluble fiber successfully developed JAAS successfully developed degradable straw pot Corn stock of northeast ports continues rising Price of global wheat may be pushed to a higher record due to drought Companies mentioned Laihe Rockley Bio-Chemicals Co.,Ltd. TaiZhou BangFeng Plastic Co., Ltd. Shandong Tianxing Biotechnology Co., Ltd. Jiangsu Shenghong Group Jiang Yin Gao Xin Chemical Fiber CO.,Ltd.

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When it enters May 2012, global economic environment becomes more complex. Some European countries will face the general election. Greek deb...